December 03, 2019
According to the new research report available at MarketStudyReport.com under the title ‘Global Aluminum-Nickel Catalyst Market (By Type, By End-Use Industry, By Region, By Country): Opportunities and Forecasts (2016-2021)? (By Type? Activated, Non-Activated; By End-User Industry? Refinery, Chemical, Others; By Region - North America, Europe, APAC, ROW; By Country? U.S., Canada, U.K., Germany, France, Netherlands, India, China, Japan, Brazil)’, the worldwide aluminum-nickel catalyst market is projected to grow with a CAGR of 4.34% during the period 2016-2021.
Aluminum-nickel catalyst or raney nickel catalyst displays high catalytic performance and is applied for hydrogenation reactions in various industrial processes. Rising demand of chemicals and polymers, in tandem with escalating refinery industry are augmenting the growth of aluminum-nickel catalyst market. Growing popularity of green chemistry, rising need for regeneration of spent catalyst, as well as advanced catalytic technologies are some of evolving trends influencing the market outlook.
The report outlines the competitive landscape of aluminum-nickel catalyst market using Porter’s Five Force analysis, policy & regulatory landscape, and SWOT analysis. Furthermore, it provides a comprehensive insight about the trends, dynamics, challenges, drivers, and opportunities impacting the industry growth, alongside the revenue shares for each segment.
As per the report, aluminum-nickel catalyst market is analyzed on the basis of type, end-user scope, and regional landscape. Based on the type, the market is segmented as non-activated and activated. While considering end-user spectrum, the market is fragmented as chemical industry, refinery industry, and others, wherein, refinery industry segment dominated the aluminum-nickel catalyst market in 2016 and is expected to register a significant growth over the forecast timeframe.
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Speaking of the regional landscape, the global aluminum-nickel catalyst market is bifurcated into four main regions which are North America, Asia Pacific, Europe, and rest of the world. The study cites that Asia Pacific aluminum-nickel market is projected to grow at robust rate over the analysis timeframe, due to higher disposable incomes, increasing automotive & construction industry, and growing population across the region.
The prominent companies operating in aluminum-nickel catalyst market include Alfa-Aesar, BASF SE, Axens, Sigma Aldrich, Hangzhou Jiali Metal Technology Co. Ltd., Haldor Topsoe A/S, Evonik Industries AG, W.R. Grace & Co., Johnson Matthey, and Vineeth Chemicals.
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